2023-07-17 15:11:15
Posted Jul 17, 2023 at 4:06 p.m.Updated Jul 17, 2023 at 5:27 p.m.
This is good news for French tourists who spend their holidays abroad. The euro set a new record on July 14 once morest a basket of currencies. The European currency has progressed this year once morest the currencies of the main tourist destinations (United States, Canada, Thailand, Turkey, Japan, etc.)
The second currency in the world has recently benefited from the air pocket of the dollar, which lost 2% last week and 3.5% this year. Markets believe that the Federal Reserve is nearing the end of its rate hike cycle, unlike the ECB.
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